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Quantum Machines Announces $5.5 Million Seed Investment

By IQT News posted 23 Nov 2018

(TechCrunch) Quantum Machines has announced a $5.5 million seed investment led by TLV Partners with participation from Battery Ventures. Quantum Machines is an Israeli startup launched by three Ph.D. physicists, wants to build the operational and control layer for quantum computing. The company’s three principals believe that quantum computing will require a complete solution.
Co-founder and CEO Itamar Sivan says in order to advance the technology, it’s going to take an operational and control layer to make it all work, and that is where the founders decided to concentrate the company’s efforts, he said. “The power of quantum computers stems from their complexity and richness, though it is also this complexity which makes them incredibly difficult to control and operate — this is the problem our company is attempting to solve,” he added in a statement.

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